TACO Vs TAW: Fade This (Equity) Rally

Russia Weighs $50 Million Plan To Influence Armenia's Election Via Eurasianet, Reuters reported that Russian officials discussed influence operations aimed at weakening Prime Minister Nikol Pashinyan ahead of Armenia’s June 7 parliamentary election. One alleged proposal involved temporarily bringing Armenian passport holders living in Russia back to Armenia to vote for opposition candidates. Despite the reported efforts, polling suggests Pashinyan’s Civil Contract Party remains the clear frontrunner as Armenia debates its future relationship with Russia and the West. Russia has mulled an extraordinary measure of exporting humans to Armenia in an effort to undermine...

"Deepening Dark Trend" Emerges On Hormuz As Ship Traffic Slows The US military has struck Iranian targets for a second straight day, while Tehran has responded with ballistic missile and drone attacks targeting Kuwait, Qatar, Bahrain and even faraway Jordan. While our overnight wrap focused on the latest war developments, the focus here is what energy traders are watching most closely: vessel traffic through the Strait of Hormuz. Bloomberg cites new shipping data showing that the Hormuz chokepoint slowed to a near standstill on Thursday. More color from the report: Among larger vessels,...